Diversified Trust Co. trimmed its position in shares of LXP Industrial Trust (NYSE:LXP – Free Report) by 79.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,060 shares of the real estate investment trust’s stock after selling 88,171 shares during the quarter. Diversified Trust Co.’s holdings in LXP Industrial Trust were worth $1,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Xponance Inc. grew its position in shares of LXP Industrial Trust by 0.9% during the 3rd quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock valued at $222,000 after acquiring an additional 216 shares during the period. Allworth Financial LP increased its stake in shares of LXP Industrial Trust by 5.9% in the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 332 shares in the last quarter. Choreo LLC raised its holdings in LXP Industrial Trust by 3.0% in the 3rd quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock worth $271,000 after purchasing an additional 854 shares during the period. Arizona State Retirement System lifted its position in LXP Industrial Trust by 1.4% during the third quarter. Arizona State Retirement System now owns 87,517 shares of the real estate investment trust’s stock valued at $784,000 after purchasing an additional 1,211 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in LXP Industrial Trust by 0.5% during the second quarter. California State Teachers Retirement System now owns 271,954 shares of the real estate investment trust’s stock valued at $2,246,000 after purchasing an additional 1,474 shares in the last quarter. 93.52% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on LXP shares. Evercore set a $51.00 target price on shares of LXP Industrial Trust in a report on Friday, February 13th. KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Weiss Ratings cut shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. lowered their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, LXP Industrial Trust has a consensus rating of “Hold” and a consensus target price of $51.50.
LXP Industrial Trust Stock Performance
NYSE:LXP opened at $46.77 on Friday. The company has a market cap of $2.76 billion, a price-to-earnings ratio of 25.84 and a beta of 1.09. LXP Industrial Trust has a 1 year low of $34.25 and a 1 year high of $52.52. The stock’s 50 day simple moving average is $48.84 and its two-hundred day simple moving average is $47.92. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24.
LXP Industrial Trust (NYSE:LXP – Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). The business had revenue of $86.74 million during the quarter, compared to analysts’ expectations of $86.05 million. LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The business’s quarterly revenue was down 14.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, equities analysts anticipate that LXP Industrial Trust will post 0.63 earnings per share for the current fiscal year.
LXP Industrial Trust Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio is 30.94%.
LXP Industrial Trust Company Profile
LXP Industrial Trust is a real estate investment trust that specializes in the ownership, acquisition and management of industrial properties across North America. The company’s portfolio consists of warehouses, distribution centers and manufacturing facilities designed to support supply-chain and logistics operations. By focusing on long-term leasing arrangements, LXP Industrial Trust aims to provide stable income streams while delivering value to tenants through modern, well-positioned industrial space.
The firm’s primary business activities include sourcing and under-writing new property investments, overseeing development and redevelopment projects, and implementing asset-management strategies to enhance the performance of its holdings.
Further Reading
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